Brian Dhatt
Brian Dhatt, the Company’s Chief Technology Officer, mutually agreed that Mr. Dhatt would separate from his position as Chief Technology Officer and an employee of the Company effective as of April 30, 2025.
Highest-materiality recent filing
Commerce.com Q2 2026: GAAP net income $1.1M, revenue flat at $84.5M, GMV up 14%
GAAP net income $1.1M ($0.01 diluted EPS) vs net loss $8.4M ($0.10 loss) in Q2 2025; non-GAAP EPS $0.08 vs $0.04.
Commerce.com stockholders elect directors, ratify auditor, approve say-on-pay
Directors Donald E. Clarke (28.9M for, 15.8M withheld) and Ellen Siminoff (30.6M for, 14.1M withheld) elected.
Commerce.com Q1 revenue $86.8M (+5% YoY), GAAP net income $3.7M vs prior loss
Total revenue $86.8M (+5% YoY); ARR $359.8M (+3% YoY); GMV $8.3B (+14% YoY).
Commerce.com (CMRC) adopts rights plan to block Rezolve Ai's (RZLV) unsolicited bid at 47% discount
Rezolve Ai proposed exchanging 1 share for every 2 Commerce.com shares, implying a 47% discount based on $2.88 closing on April 7.
Commerce.com FY2025 revenue $342.3M (+3% YoY); GAAP net loss narrows to $19.3M
Q4 2025 revenue $89.5M (+3% YoY); subscription revenue $65.2M (+5% YoY).
Commerce.com workforce reduction plan charges $7.4M; CFO adds COO role
Workforce realignment plan committed Dec 31, 2025; $7.4M expense recorded in Q4 FY2025, $6.5M expected in FY2026.
Q3 revenue $86.0M (+3% YoY); subscription solutions revenue $64.7M (+3%).
Commerce.com CCO Russell Klein to retire Nov 1, 2025; Weber assumes duties
Russell Klein, Chief Commercial Officer, mutually agreed to retire effective November 1, 2025.
Commerce.com extends Executive Chair Siminoff's term through Sept 2026 with $200K and options
Board extended Ellen F. Siminoff's term as Executive Chair for one year, beginning October 1, 2025.
Commerce.com Q2 revenue $84.4M (+3% YoY), net loss narrows to $8.4M; ticker changes to CMRC Aug 1
Revenue $84.4M (+3% YoY); GAAP net loss ($8.4M) vs ($11.3M); Enterprise ARR $269.3M (+6%)
BigCommerce board member Lawrence Bohn resigns; Anil Kamath appointed director
Lawrence Bohn retired from Board effective July 1, 2025; resignation not due to any disagreement.
BigCommerce annual meeting: directors elected, say-on-pay passes narrowly after strong opposition
Class II directors Sally Gilligan and Satish Malhotra elected with 73.7% and 64.5% of votes cast, respectively; Malhotra had 15.8M withheld.
BigCommerce Q1 revenue up 3% to $82.4M; narrows net loss; adds CRO, CMO, CPO
Total revenue $82.4M (+3% YoY); Enterprise ARR $263.8M (+6%), now 75% of total ARR.
BigCommerce CTO Brian Dhatt to leave April 30; SVP Eng Marcus Groff assumes duties
Brian Dhatt and BigCommerce mutually agreed he will separate as CTO and employee effective April 30, 2025.
BigCommerce amends CEO Hess's severance; adds 12-month base pay for certain terminations
Compensation Committee approved letter amending CEO Travis Hess's employment agreement.
Q4 revenue $87.0M (+3% YoY); FY revenue $332.9M (+8% YoY).
Sublease with Expedia for ~65,000 sq ft at Domain 11 in Austin, effective Jan 3, 2025.
BigCommerce customers post 26% Cyber Week GMV increase, outperforming global benchmarks
GMV up 26% globally during Cyber Week; total orders +13%, AOV +11%.
BigCommerce Q3 revenue $83.7M (+7% YoY); appoints Travis Hess as CEO
GAAP net loss narrowed to $7.0M from $20.3M; non-GAAP net income $4.4M vs $0.7M YoY.
Brent Bellm terminated as CEO effective Sep 30; receives 12 months base salary + healthcare; serves as advisor through Oct 18.
BigCommerce exchanges $161.2M of 0.25% convertible notes for $150M of 7.5% notes due 2028
Exchanged $161.2M of 0.25% notes due 2026 for $150M of 7.5% notes due 2028.
Q2 rev $81.8M (+8% YoY); GAAP loss narrows; exchanges & repurchases convertible notes
Revenue $81.8M (+8% YoY); subscription solutions revenue $61.8M (+10% YoY).
BigCommerce shareholders elect three Class I directors, ratify EY as auditor
Brent Bellm re-elected with 45,982,225 votes for, 1,221,935 withheld; broker non-votes 10,874,578.
BigCommerce Q1 revenue $80.4M (+12% YoY); GAAP net loss narrows to $6.4M from $22.1M
Revenue $80.4M, up 12% YoY; subscription revenue $61.0M, up 13%.
Travis Hess appointed President, effective May 28, 2024; leads global go-to-market and operations.
BigCommerce grants performance-based RSUs to six executives tied to EBITDA, revenue, and TSR
Brent Bellm (CEO) receives 63,493 target EBITDA RSUs, 63,493 revenue RSUs, and 63,494 TSR RSUs.
BigCommerce Q4 revenue $84.1M (+16% YoY), adjusted EBITDA $6.5M; guides FY2024 rev $327-335M
Q4 revenue $84.1M (+16% YoY); GAAP net loss ($3.2M) vs ($33.0M) a year ago; EPS ($0.04).
BigCommerce pre-announces Q4 results above guidance; President Chung steps down
Expects Q4 2023 revenue and non-GAAP operating income to exceed prior guidance highs.
BigCommerce merchants see 10% GMV increase in Cyber Week 2023 vs 2022
Gross merchandise value (GMV) up 10% YoY; total orders up 7%; AOV up 3%.
BigCommerce merchants see 14% GMV rise on Thanksgiving, 6% on Black Friday
BigCommerce GMV up 14% on Thanksgiving (vs +1% industry) and 6% on Black Friday (vs +8% industry) YoY same-store.
BigCommerce Q3 revenue $78M (+8% YoY); GAAP net loss narrows; cuts 7% workforce
Revenue $78.0M (+8% YoY); Total ARR $332.2M (+9% YoY); Enterprise ARR $240.6M (+11% YoY).
BigCommerce amends bylaws to update stockholder meeting and proxy procedures
Board adopted Second Amended and Restated Bylaws effective August 31, 2023.
BigCommerce Q2 revenue up 11% to $75.4M; reaches adjusted EBITDA profitability milestone
Total revenue $75.4M (+11% YoY), ARR $331.1M (+12% YoY), Enterprise ARR $236.4M (+14% YoY).
BigCommerce appoints Steven Chung as President to lead enterprise push
Steven Chung named President effective Aug 14, 2023; will lead sales, marketing, and services.
BigCommerce: CFO Alvarez retiring, Lentz named successor; also new CAO and GC
CFO Robert Alvarez retiring effective June 30; Daniel Lentz succeeds as CFO on July 1.
BigCommerce shareholders re-elect Class III directors, approve auditor and say-on-pay
Class III directors Donald E. Clarke and Ellen F. Siminoff re-elected with 37.3M and 27.5M votes for, respectively.
BigCommerce Principal Accounting Officer Thomas Aylor resigns effective May 19, 2023
Thomas Aylor resigns as Principal Accounting Officer and VP, Accounting effective May 19, 2023.
BigCommerce Q1 revenue $71.8M (+9% YoY); enterprise ARR up 21%; guides FY rev $303-311M
GAAP net loss $22.1M ($0.30 EPS), vs. $37.0M ($0.51) a year ago; non-GAAP loss $4.9M ($0.07).
BigCommerce says less than 2% of $305M cash held at Silicon Valley Bank
As of March 10, 2023, BigCommerce held less than 2% of its cash and marketable securities in SVB and SVB UK accounts combined.
BigCommerce Q4 revenue $72.4M (+12% YoY); targets profitability in Q4 2023
Q4 revenue $72.4M (+12% YoY); total ARR $311.7M (+16%); Enterprise ARR $224M (+30%).
BigCommerce cuts workforce 13% to accelerate adjusted EBITDA breakeven to Q4 2023
Workforce reduction of ~13% (9% employees, 4% contractors); charges $4.2-4.6M in Q4 2022.
BigCommerce merchants report 32% GMV growth during Cyber Week; orders up 25%
GMV rose 32% YoY; total orders up 25% during Cyber Week.
BigCommerce merchants see 31% GMV growth on Black Friday, outpacing retail industry
Black Friday GMV +31% YoY; orders +25%, AOV +4.5% vs 2021.
BigCommerce Q3 revenue $72.4M (+22% YoY); GAAP EPS ($0.41); guides FY revenue $279-281M
GAAP net loss widened to ($30.3M) vs ($21.7M) a year ago; Non-GAAP EPS ($0.15) vs ($0.06).
BigCommerce approves severance: CEO gets 12-mo pay, other execs 6-mo on qualifying termination
Compensation Committee approved severance letters on Aug 9, 2022 for CEO Brent Bellm, CFO Robert Alvarez, CCO Russell Klein, CSO Robert Kaloustian, CTO Brian Dhatt.
BigCommerce Q2 revenue $68.2M (+39% YoY); GAAP net loss $39.6M vs $12.2M last year
Total revenue $68.2M, up 39% YoY; total ARR $296.0M, up 41%.
BigCommerce appoints Gilligan and Malhotra to board; McDonald and Murray resign
Directors McDonald and Murray resigned July 29, 2022; no disagreement with company.
BigCommerce shareholders elect directors, ratify auditor, choose annual say-on-pay
Steven Murray re-elected with 19.1M for, 18.3M withheld; John McDonald re-elected with 29.8M for, 7.6M withheld; 14.2M broker non-votes each.
BigCommerce Q1 revenue $66.1M (+42% YoY) but net loss widens to $37M; guides Q2 revenue $64.6-67.5M
GAAP net loss $37.0M ($0.51/share) vs $8.5M ($0.12) a year ago; Non-GAAP loss $13.2M vs $3.1M.
BigCommerce Q4 revenue up 50% to $64.9M; guides FY22 revenue growth 24-29%
Q4 total revenue $64.9M (+50% YoY); full-year revenue $219.9M (+44% YoY).
Brian Dhatt, the Company’s Chief Technology Officer, mutually agreed that Mr. Dhatt would separate from his position as Chief Technology Officer and an employee of the Company effective as of April 30, 2025.
Concurrently, the Board elected Mr. Hess as a director of the Company, to fill the vacancy created by Mr. Bellm’s departure.
On September 30, 2024, the Board of Directors (the “Board”) of the Company notified Brent Bellm that his employment as the Company’s Chief Executive Officer was terminated.
On October 1, 2024, Mr. Bellm notified the Company of his resignation from the Board, including all committees on which he serves, effective immediately.
On September 30, 2024, the Board appointed Travis Hess, previously President of the Company, to succeed Mr. Bellm as the Company’s Chief Executive Officer, effective October 1, 2024.
On April 24, 2024, BigCommerce Holdings, Inc. (the “Company”), appointed Travis Hess, age 52, as its President, effective May 28, 2024.
On January 23, 2024, Steven Chung, the President of the Company, informed the Company that he will be stepping down from his position as President effective as of February 16, 2024.
Effective as of February 16, 2024, Brent Bellm, the Company’s Chief Executive Officer, will be fulfilling the role of President on an interim basis, until a successor for Mr. Chung has been identified.
appointed Steven Chung, age 56, as its President, effective August 14, 2023.
On May 18, 2023, Daniel Lentz, age 45, was appointed to succeed Mr. Alvarez as the Company’s Chief Financial Officer and principal financial officer effective as of Mr. Alvarez’s departure.
On May 8, 2023, the Company, appointed Hubert Ban, age 58, as its Chief Accounting Officer and principal accounting officer, effective June 8, 2023.
On May 18, 2023, Robert Alvarez, the Chief Financial Officer of BigCommerce Holdings, Inc. (the “Company”), principal financial officer and interim principal accounting officer, informed the Company that he will be stepping down from his position as Chief Financial Officer and principal financial officer effective as of June 30, 2023.
Max materiality 0.85 · Median 0.62 · Most common event earnings